Kemper Corporation’s filing revealed that its Director Paracchini Alberto J acquired Company’s shares for reported $24880.0 on May 03 ’24. In the deal valued at $58.54 per share,425 shares were bought. As a result of this transaction, Paracchini Alberto J now holds 7,388 shares worth roughly $0.45 million.
Then, Paracchini Alberto J bought 400 shares, generating $19,008 in total proceeds. Upon buying the shares at $47.52, the Director now owns 4,398 shares.
Before that, LACHER JOSEPH P JR bought 5,000 shares. Kemper Corporation shares valued at $216,000 were divested by the President and CEO at a price of $43.20 per share. As a result of the transaction, LACHER JOSEPH P JR now holds 5,000 shares, worth roughly $0.3 million.
TD Cowen initiated its Kemper Corporation [KMPR] rating to an Outperform in a research note published on January 10, 2024; the price target was $70. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in early October from “a Neutral” to “an Overweight”. Credit Suisse also remained covering KMPR and has increased its forecast on April 10, 2023 with a “an Outperform” recommendation from previously “Neutral” rating. Raymond James revised its rating on February 07, 2023. It rated KMPR as “a Strong buy” which previously was an “an Outperform”.
Price Performance Review of KMPR
On Tuesday, Kemper Corporation [NYSE:KMPR] saw its stock fall -0.18% to $60.37. Over the last five days, the stock has gained 3.53%. Kemper Corporation shares have risen nearly 24.04% since the year began. Nevertheless, the stocks have risen 32.59% over the past one year. While a 52-week high of $64.69 was reached on 03/28/24, a 52-week low of $38.32 was recorded on 01/04/24. SMA at 50 days reached $58.53, while 200 days put it at $50.73. A total of 0.37 million shares were traded, compared to the trading of 0.44 million shares in the previous session.
Levels Of Support And Resistance For KMPR Stock
The 24-hour chart illustrates a support level at 59.82, which if violated will result in even more drops to 59.26. On the upside, there is a resistance level at 61.18. A further resistance level may holdings at 61.98. The Relative Strength Index (RSI) on the 14-day chart is 58.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.22, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 20.25%. Stochastics %K at 74.31% indicates the stock is a holding.
